Shakira has emerged victorious in a high-stakes €55 million tax battle with Spanish authorities, the Financial Times reports. This groundbreaking ruling clears the superstar of all allegations related to undeclared income during her residency in Spain
Brazil’s updated transfer pricing (TP) profile now fully embraces the arm’s-length principle, experts reveal. This groundbreaking revision marks a bold leap forward, dramatically enhancing alignment with global tax standards like never before
Canada has stood resolutely behind the US exemption from the global minimum corporate tax deal, emphasizing the power of strong economic partnerships and advocating for fair and effective tax enforcement, Financial Times reports
Canada’s proposed transfer pricing reforms are poised to transform the landscape by tightening regulations and enhancing transparency. Multinational companies may face higher compliance costs, greater administrative hurdles, and more stringent documentation requirements
Canada has officially rolled back its digital services tax aimed at US tech giants, marking a bold move to ease mounting trade tensions. Former President Trump fiercely opposed the tax, claiming it unfairly singled out American companies
A recent tax audit ruling against Italy highlights the urgent necessity for fairness in tax assessments. This landmark decision sheds light on potential weaknesses within the Italian tax system, sparking a wave of calls for reforms aimed at safeguarding taxpayer rights and enhancing transparency.
